Browsing Tag
401(k) Account Balances
63 posts
A 401(k) account balance is the total value of funds accumulated in an individual’s employer-sponsored retirement plan. It includes employee contributions, employer matches, and investment gains or losses. The balance reflects the current market value of all assets held in the account, such as stocks, bonds, or mutual funds, and represents the amount available for future retirement income.
More Americans Participate in Credit Card Rewards Programs Than 401ks
No surprise, Americans are putting off saving for retirement in lieu of more living in the moment—a tempting…
Ask Alexa: 401k Savers Access Info from Amazon’s Voice Assistant
“Alexa, am I saving enough for retirement?” Okay, Amazon’s digital voice assistant (DVA) might not be financially savvy…
Retirement Plan Participants Excel at Growing Wealth: EBRI
Retirement savings boost wealth and security, making it essential to invest in accounts, says an EBRI report.
We’ve Arrived! Trump Tweets About 401(k) Balances
President Trump took a break from his normally dignified Twitter protocol to boast of high 401(k) balances, driven…
401(k) Balances Skyrocket, Hit New Highs
Retirement account balances reached all-time highs for the fourth consecutive quarter. Helped by strong stock market performance, the…
401(k) Balances Reach Record Highs, But for How Long?
Fidelity reports new highs in the 401(k) balances it manages, but warning lights are flashing. The Boston-based fund…
Average 401k Account Balances Did What?
Is it because of, or despite, President Trump? Probably neither, but a bull market doesn’t hurt (obviously). 401k…
What’s Happening with Average 401(k) Account Balances?
The average 401(k) account balance rose for the second straight quarter, up 2 percent in the third quarter…
Why Declining 401(k) Balances Are a Good Thing
401(k) balances declined sharply in the third quarter, driven by “some of the worst volatility in recent years,”…
How Much Do 401(k)s Have in Assets? New Report
That’s trillion with a capital “T.” The Investment Company Institute reports that Americans held $6.8 trillion in all…